Sec. 10.
The individual policy or group certificate of insurance shall be delivered to the insured debtor at the time the indebtedness is incurred except as hereinafter provided.
History: 1958, Act 173, Eff. Sept. 13, 1958 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
Structure Michigan Compiled Laws
Chapter 550 - General Insurance Laws
Act 173 of 1958 - Credit Insurance Act (550.601 - 550.624)
Section 550.601 - Credit Insurance Act; Short Title.
Section 550.602 - Scope of Act.
Section 550.603 - Credit Insurance Act; Definitions.
Section 550.604 - Credit Life Insurance, Credit Accident and Health Insurance; Forms.
Section 550.605 - Credit Life Insurance; Amount.
Section 550.606 - Periodic Indemnity Payable.
Section 550.607 - Term; Refund on Termination Prior to Expiration.
Section 550.608 - Evidence of Insurance; Policy or Certificate Delivery.
Section 550.609 - Policy or Certificate; Contents.
Section 550.610 - Policy or Certificate; Delivery to Debtor.
Section 550.611 - Policy or Certificate; Application, Contents.
Section 550.612 - Papers Filed With Commissioner of Issuing State.
Section 550.613 - Papers Filed With Commissioner of Issuing State; Disapproval.
Section 550.615 - Papers Filed With Commissioner of Issuing State; Withdrawal of Approval.
Section 550.616 - Papers Filed With Commissioner of Issuing State; Use After Withdrawal of Approval.
Section 550.617 - Papers Filed With Commissioner of Issuing State; Judicial Review.
Section 550.618 - Schedule of Premium Rates; Refunds; Nonissuance Credit.
Section 550.619 - Policies Issuable Only by Authorized Insurers.
Section 550.620 - Payment of Claims; Claim Files; Group Insurance Claims.
Section 550.621 - Procurement of Insurance by Debtor.
Section 550.622 - Rules; Violation, Notice of Hearing, Finding, Order.
Section 550.623 - Violation; Penalty; License or Authority, Suspension or Revocation.